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Georgia Affiliate of the ACNM 2014 Salary Survey
+ Questionnaire Summary n 46 respondents n Age/Practice length n Ideal New Grad Salary (<5yrs) n Current Salary n Ideal Benefits Package n What do you wish you knew about salary
negotiation? n Practice Size/Location n Monthly # of Births
+ Years in Practice
+ Age Distribution
+ Ideal New Grad Salary
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Respondent’s current salary & years of experience
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+ Salary & Delivery Volume Distribution
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Benefits Package
+ Benefits Package n CME (100%) n Health Insurance (97%) n Membership dues (95%) n Vacation (95%) n 401K (93%) n Licensure renewal/DEA fees (93%) n Malpractice Coverage Tail (91%)
n Profit Sharing (47%)
n Student Loan Repayment (28%)
n Tuition Reimbursement (28%)
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Member comments about salary negotiation:
+ n Know what you want:
n “If you don't ask for what you want, you won't get it.”
n “Ask for more than you want, so you can negotiate for what you need.”
n Think about what you want down the road: n “Build in a tier (raise at 1, 3, 5 years) with annual cost of living
increases Some practices have you take a low salary i.e. $70,000 for the first 6 months - 1 year, until you start generating income.”
n “Your initial salary in the practice sets your earnings for your duration at that practice.”
n Think about the details: n “40hr work week includes call.”
n “Discuss incentive bonuses.”
n “Avoid delivery bonus - makes you a competitor with your boss or your peers and affects how you make treatment decisions.”
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n “Fight no compete clause.”* n Non-compete clauses are valid in GA as of 2012- however the
geographic scope & length of terms may be negotiated.
n “Negotiate tail coverage”***
n Don’t forget that things can change. n Contracts can be modified to exclude or include items that were
not part of your original negotiation.
n Productivity requirements can change.
n New partners can enter the picture (Practices in the ATL metro area are being increasingly sold to multi-practice management companies.)
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How much should I get paid? How much you get paid is up to you & how your salary package is negotiated.
If you would like assistance or support please contact the Affiliate.
• Keep in mind that the Affiliate cannot recommend specific salary numbers